UK inflation drop marks turning point as Tories shift focus to growth and tax cuts
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Recent drop in UK inflation to 4.6% marks a turning point after years of crises and higher spending.
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Government now argues focus should shift from spending to growth, taking aim at Labour's calls for more investment.
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Tax cuts aimed at helping businesses invest. But some personal tax cuts likely too to make work pay and ease worker shortages.
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National Insurance cut could help raise take home pay. Benefit uprating changes another option to find money.
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PM's backbenchers want tax cuts after Rwanda asylum ruling. But opposition says too early to proclaim recovery.